Well, let's just say it might be a good time to start preparing now - even if you still have a year or two before your fixed rate ends. 
Sure, fixed-rate mortgage holders aren't feeling the heat of the recent RBA monthly cash rate hikes just yet. 
But once the period of your fixed home loan expires, it will likely revert to a variable interest rate, which may cost you many hundreds of dollars extra per month. 
If you think that could put some strain on your budget, it's wise to start preparing a bit of a buffer now. 
And if you'd like us to help you prepare a more detailed strategy, we'd be happy to give you some ideas. 
To find out more, DM me or contact Mpowered Finance on:
- 0412 481 983
- rebecca@mpoweredfinance.au
